Standby documentary credits

In markets where your suppliers and buyers are less comfortable with guarantees, HSBC Bank Armenia can support your business via both financial and non-financial standby letters of credit.

Call us on:

+374 (60) 655 300

open hours 09:00-18:00

+374 (60) 655 000

Our phone lines are open 24/7

At a glance

Want to expand your field of commercial activities

Aim to reduce the risk of your international operations

Need to build a good relationship with the beneficiary

Are looking to enter new geographical markets

Need to improve your cash flow management

Want to give your beneficiary assurance from a world-class financial institution

Key benefits

  • Provides security to the counterparty by a reputable Bank.
  • Provides security for either financial or non-financial obligations.
  • Payment of the sum agreed in the Bank guarantee and standby documentary credit will be made in accordance with the terms of the Bank guarantee and standby documentary credit, on presentation of a complying demand from the Beneficiary, in spite of any issues arising from the underlying commercial contract.
  • As part of HSBC Group we can issue Bank guarantees and standby documentary credits through HSBC Group offices overseas.

Last updated on: 22/11/19 12:41 UTC

You are now leaving hsbc.am

We are not responsible for the accuracy and trustworthiness of the content of the website, and the consequences that might occur as a result of using the promotions/advertisements available in the website.

You are leaving the HSBC Commercial Banking website.

Please be aware that the external site policies will differ from our website terms and conditions and privacy policy. The next site will open in a new browser window or tab.

You are leaving the HSBC Commercial Banking website.

Please be aware that the external site policies will differ from our website terms and conditions and privacy policy. The next site will open in a new browser window or tab.